New Car Dealers Market: ZIP 61607
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61607 is an urban area with low foot traffic. with a population of 10,734 and household incomes above the national median ($75,845).
Area Profile
10,734
Population
$75,845
Median Income
+2% vs. national
Urban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 18.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 61607.
4
Gas Stations
3.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$1,014
Median Gross Rent
$160 K
Median Home Value
4
Bank Branches
$210 K deposits
Tips for Starting a Ev Vs Gas Business in Illinois
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
+2% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits